1889 Silver Dollar Value
The 1880 Morgan silver dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.
1889-CC Morgan Silver Dollar (F-12 Condition) There are many key dates of great interest to collectors in the Morgan Dollar series, and the 1889-CC is certainly one of them. Price increases for the 1889-CC have been strong over the years, as the blue line in the chart above illustrates. 1889-CC SILVER MORGAN DOLLAR CARSON CITY RARE DATE. 1889-CC SILVER MORGAN DOLLAR CARSON CITY RARE DATE. 1889-CC Morgan Silver Dollar Certified NGC VF Details A-943. +$3.00 shipping. What may stand out to most coin collectors about 1889 Morgan Silver Dollars is the return of the Carson City Mint issues. Absent since 1886, CC-mint coins not only returned to the Morgan Dollar lineup, but they did so in grand fashion, in terms of their modern-day values.
Specifications
Type: Morgan Silver Dollar
Year: 1880
Face Value: $1.00
Composition: 90% silver, 10% copper
Silver Weight: .77344 oz.
Total Weight: 26.73 grams
Current Silver Bullion Value: $21.09
The US minted the 1880 silver dollar with no mint mark and also the 1880 CC silver dollar, 1880 O silver dollar, and 1880 S silver dollar. The mint mark, when present, can be found on the reverse side of the coin below the wreath.
The 1880 silver dollar series has several different variations, and each variation is valued differently. Most of these varitations involve numbers minted over other numbers. For example there is the 80 over 79 variation where the number number 80 is minted over the number 79. Another example is 8 over high 7, where the number 8 is minted over a high 7. This is different then the 8 over low 7, where the 8 is minted over a lower 7 where it's easier to see the 7.
In addition there are different pattern variations on the reverse side of the coin. There is the variation with the second reverse, which has a parallel top arrow feather and a concave breast. Next there is the variation with the third reverse, which has a slanted top arrow feather is slanted and a convex breast.
| Series | Location | Quantity Minted |
|---|---|---|
| 1880 | Philadelphia | 12,600,000 |
| 1880 CC | Carson City | 495,000 |
| 1880 O | New Orleans | 5,305,000 |
| 1880 S | San Francisco | 8,900,000 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $21.09 as of February 09, 2021. This melt value is calculated from the current silver spot price of $27.26 per ounce.
No Mint Mark Philadelphia Coins
The 1880 silver dollar with no mint mark is worth around $40 in very fine condition. In extremely fine condition the value is around $42. In uncirculated condition the price is around $50 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $525.
The 1880 silver dollar with no mint mark 80/79 variation is worth around $35 in very fine condition. In extremely fine condition the value is around $37. In uncirculated condition the price is around $150 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $4,000.
Carson City Mint Mark Coins
The 1880 CC silver dollar 80 over 79 variation with the second reverse is worth around $220 in very fine condition. In extremely fine condition the value is around $285. In uncirculated condition the price is around $500 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $2,000.
The 1880 CC silver dollar 8 over 7 variation with the second reverse is worth around $210 in very fine condition. In extremely fine condition the value is around $285. In uncirculated condition the price is around $550 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $2,000.
The 1880 CC silver dollar with the third reverse is worth around $225 in very fine condition. In extremely fine condition the value is around $260. In uncirculated condition the price is around $500 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $1,000.
The 1880 CC silver dollar 8 over high 7 variation with the third reverse is worth around $210 in very fine condition. In extremely fine condition the value is around $275. In uncirculated condition the price is around $500 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $1,550.
The 1880 CC silver dollar 8 over low 7 variation with the third reverse is worth around $210 in very fine condition. In extremely fine condition the value is around $275. In uncirculated condition the price is around $500 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $1,550.
New Orleans Mint Mark Coins
The 1880 O silver dollar is worth around $40 in very fine condition. In extremely fine condition the value is around $42. In uncirculated condition the price is around $90 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $14,000.
The 1880 O silver dollar 80 over 79 variation is worth around $40 in very fine condition. In extremely fine condition the value is around $65. In uncirculated condition the price is around $200 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $16,000.
San Francisco Mint Mark Coins
The 1880 S silver dollar is worth around $30 in very fine condition. In extremely fine condition the value is around $33. In uncirculated condition the price is around $45 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $120.
The 1880 S silver dollar 80 over 79 variation is worth around $30 in very fine condition. In extremely fine condition the value is around $60. In uncirculated condition the price is around $75 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $450.
Lastly the 1880 S silver dollar 0 over 9 variation is worth around $35 in very fine condition. In extremely fine condition the value is around $75. In uncirculated condition the price is around $125 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $550.
Proof Coins
Proof coins with no mint mark are available and they are each valued at around $3,000 in PR 63 condition. There were 1,355 proof coins minted.
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Grading System
Very fine- About two thirds of Liberty's hair lines from above her forehead her ear are visible.
Extremely fine- Liberty's hair lines and ear look strong.
MS 60 Uncirculated condition- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 65 Uncirculated condition- There is strong luster and eye appeal. A few light contact marks are present but they are barely noticeable.
PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.
Sources:
See also:
1881 Silver Dollar
1879 Silver Dollar
1879 Trade Dollar
CoinTrackers.com has estimated the 1889 Morgan Silver Dollar value at an average of $27, one in certified mint state (MS+) could be worth $200. (see details)...
Type:Morgan Silver Dollar
Year:1889
Mint Mark: No mint mark
Face Value: 1.00 USD
Total Produced: 21,726,000 [?]
Silver Content: 90%
Silver Weight: .7735 oz.
Silver Melt: $21.05
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $27, while one in certified mint state (MS+) condition could bring as much as $200 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1889, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Additional Info: Just 811 Proof Morgan Silver Dollars were issued in 1889, and they are selling for somewhere between $2,000-$2,400. All Morgans are 90% silver and contain .7735 oz of pure silver.
Numismatic vs Intrinsic Value:This coin in poor condition is still worth $5.95 more than the intrinsic value from silver content of $21.05, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.
Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins.
1889 Silver Dollar Value Chart
Current silver melt value* for a 1889 No mint mark is $21.05 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.
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**When we say that 21,726,000, of these coins were produced or minted in 1889 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.
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